Last year, the U.S. Supreme Court barred the use of nonconsensual third-party releases in Chapter 11 cases, holding that the Bankruptcy Code did not provide a basis to nonconsensually release claims against third parties...more
Chapter 15 of the Bankruptcy Code (which is based upon the UNCITRAL Model Law on Cross-Border Insolvency) is designed to facilitate cross-border cooperation and coordination among courts during a pending bankruptcy or...more
The recent decision of the Bankruptcy Court for the Southern District of New York in In re AAGS Holdings LLC, Case No. 19-13029 (SMB) (Bankr. D. Del. Nov. 12, 2019), underscores the ability of debtors — and specifically, for...more
2/5/2020
/ Automatic Stay ,
Bad Faith ,
Bankruptcy Code ,
Chapter 11 ,
Closing Date ,
Commercial Real Estate Contracts ,
Contract Termination ,
Contract Terms ,
Debtors ,
Motion to Dismiss ,
Purchase Agreement ,
Real Estate Transactions ,
Residential Real Estate Contracts ,
Termination Rights ,
Time Extensions ,
Tolling